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Blog : BOARD TALK

Guest Blog: Boards Need To Pay Attention To New Role: Whistleblowing Champion

Posted on December 16, 2015 at 12:20 PM

GUEST BLOG:

  Andrew Yule, Partner in Employment Law at Winckworth Sherwood, the London-based law firm.


Boards need To Pay Attention To New Role: 'Whistleblowing Champion'


"From 7 March 2016, many non-executive directors of UK financial services firms will be taking on a new, mandatory role – as their firmR...

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FTSE Boardrooms: World Weary But Not Looking In The Mirror

Posted on December 12, 2015 at 11:55 AM

Boardrooms of the FTSE 350 appear to be so concerned about the world outside that they are not paying atttention to matters essential to the workings of their own businesses.


Economic risk is a top concern and Brexit is viewed by most as damaging to business, says research just out.


But just 49% of respondents to the FT-ICSA bi-annual Boardroom Bellwether survey of the FTSE 350 have  a written board succession plan, despite the urgency that has be...

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#BT: A Complete Disregard For The Individual As Customer

Posted on November 28, 2015 at 6:45 PM

When did telecom companies delivering technology services stop focusing on the customer service element of their offering? Perhaps when we all became so desperate for the latest way to be 'connected' that they saw their opportunity to make a killing.


At any rate, as customers in the UK, we now seem to be in a bad place. We are expected to tbe DIY recipients of what they throw at us, grabbing at the latest offers (new customers only), neglected if loyal, unable to get hold of...

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Tackling The Nitty Gritty On Corporate Culture

Posted on October 20, 2015 at 1:35 PM

We have been talking about corporate culture and its failings since the financial crisis - even longer than we have been talking about the insurmountable difficulty of putting women on boards.


Yesterday evening in London at the Institute of Directors a panel led by Simon Walker, the Director General who has been outspoken in the recent past about both exec...

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Bank Boards: Recycling The Men At The Top (Regardless Of Expertise)

Posted on October 14, 2015 at 4:50 PM

Banking expertise among chairmen of Europe's banks "remains at a relatively low level." Shock. And we are talking largely about men.


In fact, the average number of chairmen with banking expertise was a little over half in 2014, just slightly higher than in 2007, according to a report on the governance of Europe's 25 largest banks by London-based corporate governance firm Nestor Advisors.


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UK PLC Loses Its Appetite For Risk : CFO Survey

Posted on October 5, 2015 at 8:10 AM

George Osborne, the UK 's Chancellor of The Exchequer, is looking a little isolated in his cheerleader role for China this moring.


Corporate risk appetite and sentiment has faded in the face of weakness in emerging economies and global equity markets according to Deloitte’s latest survey of Chief Financial Officers (CFOs). It has guaged the views of 122 CFOs of FTSE 350 and other large private UK companies.

 

 

CFOs’ ...

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The Best Governance Includes Technology And Collaborative Space

Posted on June 15, 2015 at 9:50 AM

Boardrooms beware: traditional images of oak-panelled rooms with meetings behind firmly closed doors may be insidious to the very thinking behind the modern workplace.What works for a small elite at the very top just does not translate well to the needs of any ambitious organisation today.


There is, of course, a place for confidential and strategic discussion to take place. But it does not have to be physical. And for businesses to grow and remain agile they need to cre...

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Women Shun Financial Services For A Reason

Posted on June 9, 2015 at 10:40 AM

This is one of those rare moments when I am going to generalise, shamelessly : women - ok, many women - are put off by the financial services sector: working in it, putting up with having their men work in it even with all the financial perks, and also in their capacity as customers.


Now it seems we have some inter-generational evidence to back that generalisation. One in five young women born between 1980 and 1995 wouldn't work in financial services solely because of th...

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Business Wakes Up To Need To Focus On Human Rights

Posted on April 1, 2015 at 5:45 PM

It was bound to happen, as the trend continues for senior executives and boardrooms to acknowledge that they live in an interconnected global world, and not one that has wood panelling.The issue of human rights is making its way into boardrooms.


Some 83% of executives today believe that human rights is not only a central theme at government level but also a major topic of focus for business, according to a recently published report by The Economist Intelligence Unit. Its fin...

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Accountancy Looks For 'Soft Skills'

Posted on March 31, 2015 at 10:40 AM

Accountancy jobs advertised today have a heightened requirement that many may find unexpected: 'soft skills.'


More than 76% of accountancy jobs advertised today demand candidates who can demonstrate such skills, according to accountancy recruiter Randstad Financial & Professional. While these skills are less tangible than professional knowledge, technical ability, and ACCA, CIMA or CIPFA qual...

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